Senior Citizens to receive higher FD interest rates

17 Feb 2025 - {{hitsCtrl.values.hits}}

The Budget 2025 allocates Rs. 15 billion for higher interest rates to senior citizens.

President Anura Kumara Dissanayake in the budget speech said senior citizens will received a fixed deposit interest rate that is 3 percent above the market rate. This will be capped at a maximum deposit of Rs. 1 million.